Formula 1 teams against multiple tyre suppliers

Formula 1 is set to undergo some major rule changes for the 2021 season and Pirelli have said that they are willing to compete against a rival tyre supplier if the FIA believe that would be best for the sport. However, F1 teams are against this and believe that sticking with one supplier of tyres would be best for competitive racing.

"In the current generation of Formula 1, multiple tyre suppliers don't really fit with the model," said Red Bull's chief engineer Paul Monaghan to Autosport.com.

Pirelli has a contract to supply Formula 1 with tyres until 2023 and it seems that if the F1 teams get their way then they will remain the single supplier.